4405 Channel Place, Newport Beach, California 92663, Newport Beach, - bed, bath

home-pic
ACTIVE$2,825,000
4405 Channel Place, Newport Beach, California 92663
3Beds
3Baths
1,836Sqft
3,127Lot
Year Built
2017
Close
-
List price
$2.83M
Original List price
$2.83M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25138079
Home ConditionExcellent
Features
Good View: City Lights, Ocean, Peek-A-Boo
ViewCity Lights,Ocean,Peek-A-Boo

About this home

A Coastal Gem with Exceptional Value and Elegance on the Balboa Peninsula Nestled just a gentle sea breeze from the beach and built in 2017, this magnificent Newport Beach property offers not only an impeccable coastal lifestyle but also the financial flexibility of a transferable "Newport Beach SHORT-TERM RENTAL PERMIT". Whether for personal enjoyment or rental income, this rare feature enhances its appeal. A beacon of coastal elegance, this Balboa Peninsula treasure spans three levels, offering expansive living spaces infused with high-end luxury. Fully furnished and turnkey, the home boasts three spacious bedrooms, a versatile loft, and three sophisticated bathrooms. Every corner is meticulously crafted to ensure both beauty and functionality. Soaring vaulted ceilings and grand windows bathe the interiors in radiant California sunshine, while wide-plank white oak floors and contemporary touches like stainless steel cable railings and stylish pendant lighting create a modern, inviting retreat. The chef’s kitchen is a showstopper, featuring pristine quartz countertops, a large entertainment-ready island, sleek European cabinetry, and premium stainless-steel appliances. The open-plan living areas flow effortlessly, perfect for daily living and hosting. The primary suite is a private oasis designed for relaxation, with a spa-inspired bathroom, walk-in shower, soaking tub, and spacious walk-in closet. Outdoors, the rooftop terrace steals the show, offering panoramic views from coastline to skyline. It's ideal for sunset gatherings or quiet reflection and ready for a hot tub addition. Built with sustainability in mind, the home features fully paid-off solar panels (2018), recessed lighting, central heating/air conditioning, and a built-in wine refrigerator. Parking is convenient with a single-car garage and additional covered space. Located a block from the beach and within walking distance to fine dining, premier shopping, and vibrant beachside activities, this home offers not just a residence, but a sophisticated lifestyle of leisure and luxury. Thank you for considering this extraordinary turnkey coastal sanctuary.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.4mi
9/10
Newport Elementary School
Public,PK-61.5mi
7/10
Horace Ensign Intermediate School
Public,7-81.3mi
7/10
Newport Harbor High School
Public,9-121.4mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (38 Listings)
Beds32
54%
Baths32
51%
Square foot1,8361,320
82%
Lot Size3,12738,736
15%
Price$2.83M$1.12M
92%
Price per square foot$1,539$865
90%
Built year20171979
92%
HOA$600
Days on market139161
44%
Condition Rating
Excellent

Built in 2017, this property is virtually new. The description and images show a modern kitchen with stainless steel appliances and quartz countertops, spa-inspired bathrooms, wide-plank white oak floors, and updated systems like solar panels and central AC. The property appears to be in excellent condition with no deferred maintenance.
Pros & Cons

Pros

Short-Term Rental Permit: Transferable Newport Beach short-term rental permit provides significant income potential and flexibility.
Rooftop Terrace with Views: Offers panoramic views of the coastline and skyline, ideal for entertaining and relaxation, with potential for a hot tub.
Modern and Turnkey: Fully furnished and recently built (2017) with high-end finishes, wide-plank white oak floors, and modern design elements.
Prime Location: Located a block from the beach and within walking distance to fine dining, premier shopping, and beachside activities on Balboa Peninsula.
Sustainable Features: Equipped with fully paid-off solar panels (2018), recessed lighting, and energy-efficient central heating/air conditioning.

Cons

Limited Parking: Offers only a single-car garage and an additional covered space, which may be insufficient for some buyers or renters.
Lot Size: Relatively small lot size of 3,127 sqft may limit outdoor space and privacy compared to other properties.
HOA Fees: HOA fees are not mentioned and could be a potential negative if they are high.

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